Community Improvement & Capacity Building
Union Heritage Early Stage Fund
DETROIT, MI
Total revenue
—
Total expenses
$38K
Net assets
—
Grants received
—
EIN
995144915
Tax year
2024
Mission
The union heritage early stage fund encourages, promotes, and supports early-stage companies and entrepreneurs. Most of the organization's activities and support are designed for historically underserved entrepreneurs building high-growth start-up companies. The primary activities of the organization include guidance, business training, and funding.
Programs
2 programs
Entrepreneur support and capacity building - the organization offered pre-investment support to portfolio companies, including marketing, branding, and fundraising plan discussions. These activities strengthened the strategic capacity of the supported companies, positioning them for growth.
Ecosystem and pipeline development - the organization actively worked to develop a robust ecosystem pipeline of founders by participating in ecosystem engagement activities, providing feedback to entrepreneurs, and collaborating with ecosystem support organizations. These efforts will help identify early-stage entrepreneurs, foster collaboration among local stakeholders, and enhance visibility of investment opportunities that align with the organization's mission.
Financials
FY 2024
Revenue
Expenses
People
3 listed
DEREK BATTS
PRESIDENT, C.E.O., AND TREASURER
—
1 hrs/wk
NIA BATTS
SECRETARY
—
1 hrs/wk
SOPHIA BUSH
DIRECTOR
—
1 hrs/wk